Press release
Medical Bed Market Size 2025 | Antano Group, Besco Medical, Gendron, Getinge, GF Health Products, Hard Manufacturing
Rising volume of hospital bed in private hospitals will accelerate medical bed industry growth over the forecast period. Growing prevalence of chronic conditions requiring long-term care specially for elderly patient pool will foster the need for advanced healthcare facilities, medical equipment and supplies thus, stimulating industry growth. Moreover, initiatives undertaken by government as well as private players to provide sophisticated infrastructure and treatment will further augment business growth. However, excessive cost of specialty bed may hamper the industry growth in certain developing and underdeveloped economies.Market Study Report, LLC, has added a detailed study on the Medical Bed Market which provides a brief summary of the growth trends influencing the market. The report also includes significant insights pertaining to the profitability graph, market share, regional proliferation and SWOT analysis of this business vertical. The report further illustrates the status of key players in the competitive setting of the Medical Bed Market, while expanding on their corporate strategies and product offerings.
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Some of the eminent industry players operational in Medical Bed market includes Antano Group, Besco Medical, Gendron, Getinge, GF Health Products, Hard Manufacturing, Hill-Rom Holdings, Invacare Corporation and Medline Industries. These industry players adopt strategies such as new product launch, acquisition, merger and geographic expansion to sustain market competition.
Medical Bed Market will exceed USD 4 billion by 2025; as per a new research report.
Increasing funding on healthcare infrastructure in developing countries will drive the medical bed market over the forecast period. Countries such as India, China, Qatar and others are taking efforts to enhance healthcare facilities and provide advanced healthcare services. For instance, India has lowest bed to population ratio amongst the BRICS countries. Hence, the government is taking measures through its National Rural Health Mission to overcome bed availability issues. Moreover, rising collaborative efforts in various countries such as Mexico, Brazil, Australia and India through public-private partnerships (PPPs) for infrastructure improvement, expansion and capacity development will further stimulate market size over the coming years.
Long-term care bed segment is expected to witness more than 5% CAGR during the forecast timeframe. Long-term care bed is specifically used for patients with chronic ailments and requiring care for extended time period. Availability of fully functional motorized bed will further increase its adoption in the foreseeable future. Increasing geriatric population will act as a significant factor that will spur the long-term care bed revenue size.
Electric bed segment was valued more than USD 1.3 billion in 2018 owing to increasing use of electric bed in home care and hospitals. Electric bed provides conventional control techniques that minimize manual operations. These bed help disabled patients to operate electric bed by concentrating on the signs of a visual stimulus tablet in the system. Such advanced adjustable features associated with electric bed will augment segmental growth.
Non-intensive care segment held momentous revenue share of around 56% in 2018. Rising incidence of hospital-borne infections in non-intensive care units will augment the demand for medical bed. For instance, catheter associated urinary tract infection occurs in non-intensive care units. Thus, increasing hospital admissions for various infectious diseases will further drive the segmental growth.
Homecare settings segment accounted for more than USD 520 million in 2018. Homecare settings allow patients to receive personalized care in more comfortable manner. As a result, geriatric population often prefers homecare settings over hospitals, that includes wide range of social and medical services. Treatment in home care settings further reduces the risk of hospital acquired infections. Aforementioned benefits of home care settings are poised to accelerate industry growth during the forecast period.
Europe medical bed market will experience 2.3% CAGR over analysis timeframe. Growing investment in technology for providing better quality healthcare along with rising number of acute and chronic diseases in the region will drive European medical bed market growth. Moreover, rising elderly population base and well-developed healthcare infrastructure will positively impact regional business over the forecast period.
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Report Content
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Medical beds industry 360 degree synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Bed type trends
2.1.4. Application trends
2.1.5. End-use trends
2.1.6. Regional trends
Chapter 3. Medical Beds Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Rising geriatric population worldwide
3.3.1.2. Increasing funding on healthcare infrastructure in developing economies
3.3.1.3. Rising volume of hospital beds in private hospitals in developing countries
3.3.1.4. Increasing hospital admissions due to chronic diseases
3.3.2. Industry pitfalls and challenges
3.3.2.1. Excessive cost of specialty beds
3.3.2.2. Decreasing volume of beds in public hospitals in developed regions
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By bed type
3.4.3. By application
3.4.4. By end-use
3.5. Regulatory landscape
3.6. Technology landscape
3.7. Porter's analysis
3.8. Competitive landscape, 2017
3.8.1. Strategy dashboard
3.9. PESTEL analysis
Chapter 4. Medical Beds Market, By Product
4.1. Key segment trends
4.2. Acute care beds
4.2.1. Market size, by region, 2014 - 2025 (USD Million)
4.3. Long-term care beds
4.3.1. Market size, by region, 2014-2025 (USD Million)
4.4. Psychiatric care beds
4.4.1. Market size, by region, 2014-2025 (USD Million)
4.5. Bariatric beds
4.5.1. Market size, by region, 2014-2025 (USD Million)
4.6. Others
4.6.1. Market size, by region, 2014-2025 (USD Million)
Chapter 5. Medical Bed Market, By Bed Type
5.1. Key segment trends
5.2. Manual beds
5.2.1. Market size, by region, 2014-2025 (USD Million)
5.3. Electric beds
5.3.1. Market size, by region, 2014-2025 (USD Million)
5.4. Semi-electric beds
5.4.1. Market size, by region, 2014-2025 (USD Million)
Chapter 6. Medical Bed Market, By Application
6.1. Key segment trends
6.2. Intensive care
6.2.1. Market size, by region, 2014-2025 (USD Million)
6.3. Non-intensive care
6.3.1. Market size, by region, 2014-2025 (USD Million)
Chapter 7. Medical Bed Market, By End-use
7.1. Key segment trends
7.2. Hospitals
7.2.1. Market size, by region, 2014-2025 (USD Million)
7.3. Home care settings
7.3.1. Market size, by region, 2014-2025 (USD Million)
7.4. Elderly care facilities
7.4.1. Market size, by region, 2014-2025 (USD Million)
Chapter 8. Medical Bed Market, By Region
Chapter 9. Company Profiles
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